Bank net profit growth reached -14.7% in second quarter of 2023 in Armenia, according to the National Central Bank. This is 115% less than in the previous quarter.
Historically, bank net profit growth in Armenia reached an all time high of 383% in 2Q2022 and an all time low of -14.7% in 2Q2023.
Armenia has been ranked 74th within the group of 80 countries we follow in terms of bank net profit growth.
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